Saturday, November 14, 2026
  • Login
No Result
View All Result
The Business Times
  • News
  • BT Exclusive
  • Economy
  • Business
  • Financial Markets
  • Politics
  • Energy
  • Insights
  • Sports
  • News
  • BT Exclusive
  • Economy
  • Business
  • Financial Markets
  • Politics
  • Energy
  • Insights
  • Sports
No Result
View All Result
The Business Times
No Result
View All Result
Home Energy

Ogun Electricity Regulator Seeks NERC Support to Strengthen Market Oversight

byStephen Abebor
November 14, 2026
in Energy, Economy
0
N639bn Power Sector Debt Threatens Nigeria’s Electricity Supply
5
VIEWS
Share on FacebookShare on Twitter

The Ogun State Electricity Regulatory Commission (OGSERC) has sought technical assistance and institutional support from the Nigerian Electricity Regulatory Commission (NERC) to strengthen its capacity to oversee the state’s electricity market.

The request was made during a courtesy visit by an OGSERC delegation, led by its Chairman-Designate, Engr. Jide Onakoya, to NERC’s headquarters in Abuja on Friday, November 13, 2026. The delegation was received by NERC Chairman, Dr. Musiliu Oseni.

According to a statement published by NERC on November 13, discussions focused on building the technical and institutional capacity required for effective regulation of electricity supply and distribution within Ogun State.

The areas identified for collaboration include staff capacity development, technical support for electricity tariff determination, consumer protection, market regulation and the exchange of regulatory knowledge and best practices.

The two commissions also reaffirmed their commitment to cooperation under the Electricity Act 2023, which provides the legal framework for states to establish regulatory authorities and assume oversight of electricity markets operating entirely within their boundaries.

The latest engagement comes as OGSERC works to strengthen its regulatory capacity following the transfer of electricity market oversight from NERC to the state.

On December 24, 2024, NERC issued transfer orders covering the operations of Eko Electricity Distribution Company (EKEDC), Ikeja Electric and Ibadan Electricity Distribution Company (IBEDC) in Ogun State.

Under the orders, the three distribution companies were directed to establish separate subsidiaries to handle electricity distribution and supply within the state and obtain the necessary operating licences from the state regulator.

NERC set June 23, 2025, as the deadline for completing the transition. The commission subsequently listed Ogun among the states that had transitioned to regulating their electricity markets independently.

In a publication dated May 4, 2026, NERC confirmed that 15 states had completed the transition to state-level electricity regulation, with Ogun’s transition recorded as June 23, 2025.

Under the decentralised framework, state regulators oversee intrastate electricity generation, transmission, distribution and supply, while NERC retains regulatory responsibility for interstate and international electricity operations.

For Ogun State, the regulatory arrangement gives OGSERC responsibility for licensing operators, overseeing electricity tariffs, monitoring market activities and protecting consumers within the state’s electricity market.

The commission’s ability to carry out these responsibilities will depend partly on its capacity to establish effective regulatory procedures, enforce compliance and resolve disputes between electricity providers and consumers.

NERC said it was willing to support the development of state regulatory institutions through institutional cooperation, technical expertise and knowledge sharing.

The November 13 meeting therefore provides an opportunity for both commissions to strengthen coordination as Ogun works to develop a regulatory framework capable of supporting electricity investment, improving service delivery and protecting businesses and households across the state.

However, the transfer of regulatory oversight does not automatically guarantee improved electricity supply. The impact on consumers will depend on how effectively the state regulator supervises distribution companies, enforces service standards and addresses complaints within the market.

Tags: Consumer ProtectionElectricity Act 2023Electricity DistributionElectricity MarketElectricity RegulationElectricity TariffsJide OnakoyaMusiliu OseniNERCOGSERCOgun StatePower Sector
Stephen Abebor

Stephen Abebor

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

Mahmood Yakubu Bows Out After Two Terms as INEC Chairman, May Agbamuche-Mbu Steps In as Acting Head

Mahmood Yakubu Bows Out After Two Terms as INEC Chairman, May Agbamuche-Mbu Steps In as Acting Head

1 year ago

Why Nigerian SMEs Struggle to Grow Beyond Survival

7 months ago

Popular News

  • N639bn Power Sector Debt Threatens Nigeria’s Electricity Supply

    Ogun Electricity Regulator Seeks NERC Support to Strengthen Market Oversight

    0 shares
    Share 0 Tweet 0
  • Five Times the Cost: Why Private Foreign Loans Are Squeezing Nigeria’s Finances

    0 shares
    Share 0 Tweet 0
  • NUPRC Flags 13 High-Risk Oil and Gas Wells in Rivers Seepage Investigation

    0 shares
    Share 0 Tweet 0
  • Nigeria Meets OPEC Oil Quota for 6th Straight Month Despite October Output Dip

    0 shares
    Share 0 Tweet 0
  • Lagos Red Line Gets 24 New Coaches as Sanwo-Olu Targets Year-End Operations

    0 shares
    Share 0 Tweet 0

Connect with us

Facebook Twitter Instagram TikTok

Newsletter

Pages

  • About Page
  • Contact
  • Domestic Gas Sales Rise 30% as Nigeria’s Energy Reforms Gain Traction
  • Privacy Policy
  • Terms & Conditions

Navigation

  • News
  • BT Exclusive
  • Economy
  • Business
  • Financial Markets
  • Politics
  • Energy
  • Insights
  • Sports

© 2025 The Business Times NG .

Welcome Back!

OR

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • News
  • BT Exclusive
  • Economy
  • Business
  • Financial Markets
  • Politics
  • Energy
  • Insights
  • Sports

© 2025 The Business Times NG .